Buy LIC Housing Finance: Anand Rathi

LICHOUSING-273: The stock has consolidated for almost 92 weeks after making high of Rs.299 and now stock looks very good to breach all time high and target Rs.321 and above levels very soon. Stock is trading above all major moving averages with 200DMA Rs.241, 100DMA Rs.254 and 50DMA Rs.249. The stocks 52week high is Rs.280.50 above which stock would start to generate enough strength to target Rs 300 & Rs 321.